United States
Capri Holdings appoints Mahesh Madhavan to the Board of Directors
The owner of Versace, Michael Kors and Jimmy Choo has appointed the Chief Executive Officer (CEO) of Bacardi to its Board of Directors, effective from the past 30th of March
Neiman Marcus partners up with Christian Louboutin
The renowned footwear designer created a collection for the summer called ‘A La Piscine’ (‘At the swimming pool in French’) exclusively for the US-based luxury retailer’s customers
Footwear in Canada – a country snapshot
Today, we bring you our new country snapshot, this time focusing on Canada, the 16th largest importer of footwear in 2021 (value terms). In that year, consumption of footwear reached 128 million pairs, in a market of 38 million people whose GDP per capita ranks amongst the highest in the world
Allbirds to release the world's first zero carbon shoe
The Californian sustainable footwear brand claims to have created the “world’s first net carbon shoe”, named M0.0NSHOT, by completely reimagining the way it makes products
First black-owned US footwear factory opens its doors
The North American company Designer Brands inaugurated, along with the Pensole Lewis College of Business & Design, the first black-owned footwear factory in the US, called 'JEMS by Pensole'
Nike reports sales increase
As it continues to clear out its excess inventory, the US-based sportswear giant reported that its revenue increased by 14% in the third quarter of fiscal 2023, year-over-year
Wolverine Worldwide appoints new Chairman
The US-based company announced that its Chairman Blake Krueger will be retiring from the Board after 30 years with the company, being succeeded by Tom Long, the Board's Lead Independent Director
Scholl teams up with denim brand Re/Done
The footwear brand has teamed up with the Californian-based brand Re/Done on a limited-edition footwear capsule collection for the spring/summer 23 that reimagines the iconic Pescura sandal
Shoe Carnival sales decline
The US-based footwear retailer posted a fourth quarter and annual sales decline in 2022 over the prior year, but profits exceeded pre-pandemic levels
Foot Locker unveils long-term growth strategy
After announcing its full year and fourth quarter results, in which both sales and earnings declined over fiscal 2021, the US-based retailer introduced its long-term growth plan ‘Lace Up’
Amazon to cut another 9 000 jobs
The online retail giant announced that will lay off more 9 000 employees in the coming weeks, on top of the previously announced cuts that began in November and extended into January
Shoe Carnival appoints new CFO
The footwear retailer appointed Erik Gast to the role of Chief Financial Officer, effective the 24th of April. He will succeed W. Kerry Jackson, who will retire after a 35-year career with the company
Designer Brands announces cautious outlook for fiscal 2023
Following a slower fourth quarter, the North-American company is expecting a decline in earnings and sales for fiscal 2023, accounting for the volatile macroeconomic environment
Burberry names new CFO
The British label has announced that Kate Ferry, currently Chief Financial Officer of the McLaren Group, will join Burberry by early September 2023 to occupy the same role in the company
Genesco reports a slight decline in sales
The Nashville-based footwear group posted a decrease in net sales of 2% over fiscal 2023, reaching 2.38 billion US dollars, amidst a challenging consumer demand environment-
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